Congenital Heart Surgeons Society
Congenital Heart Surgeons Society maintains strong financial health with no reported officer compensation.
EIN: 200198863 · Beverly, MA · NTEE: G20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $940K |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $939,872 |
| Net Assets | $924K |
| Transparency Score | 90/100 |
Is Congenital Heart Surgeons Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Congenital Heart Surgeons Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Congenital Heart Surgeons Society
Congenital Heart Surgeons Society (EIN: 200198863) is a nonprofit organization based in Beverly, MA, classified under NTEE code G20. The organization reported total revenue of $940K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Congenital Heart Surgeons Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Congenital Heart Surgeons Society is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$36K |
| Total Assets | $948K |
| Total Liabilities | $24K |
| Net Assets | $924K |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2023, Congenital Heart Surgeons Society reported a surplus of $36K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Congenital Heart Surgeons Society's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.9% | +30.1% | +8.2% |
| 2022 | -8.9% | -7.7% | -16.9% |
| 2021 | +6.8% | +6.6% | +9.9% |
| 2020 | -18.7% | -18.9% | +7.8% |
| 2019 | +22.2% | +25.4% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Congenital Heart Surgeons Society with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Congenital Heart Surgeons Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
The Congenital Heart Surgeons Society reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the IRS Form 990, which is a highly positive sign for a nonprofit of its size (latest revenue $939,872).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Congenital Heart Surgeons Society:
- Consistent revenue growth, from $593,493 in 2014 to $1,040,934 in 2023.
- Strong financial stability with assets ($1,132,013) significantly exceeding liabilities ($23,678 in 2023).
- 0% reported officer compensation across all filings, indicating volunteer leadership or highly efficient compensation structures.
- Positive net income in most years, demonstrating fiscal responsibility (e.g., 2023: Revenue $1,040,934 vs. Expenses $1,004,439).
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Congenital Heart Surgeons Society
Is Congenital Heart Surgeons Society a legitimate charity?
Congenital Heart Surgeons Society (EIN: 200198863) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $940K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Congenital Heart Surgeons Society spend its money?
Congenital Heart Surgeons Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Congenital Heart Surgeons Society tax-deductible?
Congenital Heart Surgeons Society is registered as a tax-exempt nonprofit (EIN: 200198863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Congenital Heart Surgeons Society CEO make?
Congenital Heart Surgeons Society's highest-compensated officer earns $939,872 annually. The organization reported $940K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Congenital Heart Surgeons Society's spending goes to programs?
Congenital Heart Surgeons Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Congenital Heart Surgeons Society compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Congenital Heart Surgeons Society is above average for NTEE category G20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Congenital Heart Surgeons Society located?
Congenital Heart Surgeons Society is headquartered in Beverly, Massachusetts and files with the IRS under EIN 200198863. It is classified under NTEE code G20.
How many years of IRS 990 filings does Congenital Heart Surgeons Society have?
Congenital Heart Surgeons Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $940K in total revenue.
Is Congenital Heart Surgeons Society a good charity?
Based on the provided financial data, the Congenital Heart Surgeons Society appears to be a well-managed and financially healthy organization. Key indicators include consistent revenue growth, healthy asset-to-liability ratios, and a notable absence of reported officer compensation, all suggesting a strong commitment to its mission and efficient use of resources.
How has the organization's revenue changed over time?
The organization has shown consistent revenue growth, increasing from $593,493 in 2014 to $1,040,934 in 2023, demonstrating a positive trend in financial support and operational scale.
What is the organization's financial stability?
The Congenital Heart Surgeons Society exhibits strong financial stability. Its assets of $1,132,013 significantly outweigh its liabilities of $23,678 (2023 data), and it has consistently maintained positive net assets over the past decade.
Filing History
IRS 990 filing history for Congenital Heart Surgeons Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Congenital Heart Surgeons Society's revenue has grown by 73.2%, moving from $601K to $1.0M. Total assets increased by 208.1% over the same period, from $308K to $948K. Total functional expenses rose by 124.6%, from $447K to $1.0M. In its most recent filing year (2023), Congenital Heart Surgeons Society reported a surplus of $36K, with revenue exceeding expenses. The organization holds $24K in liabilities against $948K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $924K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $948K | $24K | — | — |
| 2022 | $772K | $772K | $876K | $55K | — | View 990 |
| 2021 | $847K | $836K | $1.1M | $97K | — | View 990 |
| 2020 | $793K | $784K | $959K | $80K | — | View 990 |
| 2019 | $976K | $968K | $890K | $73K | — | View 990 |
| 2018 | $799K | $772K | $798K | $62K | — | View 990 |
| 2017 | $711K | $658K | $756K | $12K | — | View 990 |
| 2016 | $707K | $625K | $673K | $8K | — | View 990 |
| 2015 | $693K | $650K | $587K | $8K | — | View 990 |
| 2014 | $593K | $545K | $545K | $8K | — | View 990 |
| 2013 | $824K | $700K | $488K | $500 | — | View 990 |
| 2012 | $558K | $501K | $441K | $78K | — | View 990 |
| 2011 | $601K | $447K | $308K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $948K (revenue +34.9% year-over-year).
- 2022: Revenue of $772K, expenses of $772K, and assets of $876K (revenue -8.9% year-over-year).
- 2021: Revenue of $847K, expenses of $836K, and assets of $1.1M (revenue +6.8% year-over-year).
- 2020: Revenue of $793K, expenses of $784K, and assets of $959K (revenue -18.7% year-over-year).
- 2019: Revenue of $976K, expenses of $968K, and assets of $890K (revenue +22.2% year-over-year).
- 2018: Revenue of $799K, expenses of $772K, and assets of $798K (revenue +12.3% year-over-year).
- 2017: Revenue of $711K, expenses of $658K, and assets of $756K (revenue +0.6% year-over-year).
- 2016: Revenue of $707K, expenses of $625K, and assets of $673K (revenue +2.1% year-over-year).
- 2015: Revenue of $693K, expenses of $650K, and assets of $587K (revenue +16.7% year-over-year).
- 2014: Revenue of $593K, expenses of $545K, and assets of $545K (revenue -28.0% year-over-year).
- 2013: Revenue of $824K, expenses of $700K, and assets of $488K (revenue +47.8% year-over-year).
- 2012: Revenue of $558K, expenses of $501K, and assets of $441K (revenue -7.2% year-over-year).
- 2011: Revenue of $601K, expenses of $447K, and assets of $308K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Congenital Heart Surgeons Society:
Data Sources and Methodology
This transparency report for Congenital Heart Surgeons Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.